BINASTRA CORPORATION BERHAD

KLSE (MYR): BNASTRA (7195)

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Last Price

1.37

Today's Change

-0.03 (2.14%)

Day's Change

1.34 - 1.38

Trading Volume

5,791,100


12 people like this.

12,444 comment(s). Last comment by troy88 3 weeks ago

koonbee9

674 posts

Posted by koonbee9 > 2016-01-04 23:26 | Report Abuse

G9

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-04 23:29 | Report Abuse

Desa! They r like tht lah,u bettermrun away from them far far! They will use all kinds of vulgar mlanguGes against you like you just saw! Run fast fast, they all gangster.hehe

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-04 23:31 | Report Abuse

When comcorp crash by 2H I will write an article using same title! No worry, balance sheet=bull sheet. Hehe. I expect 50% crash at least this yr. Hahaahahahahahaja, champion opin making leh! Clap clap!

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-05 00:06 | Report Abuse

Blog: (Icon8888) Comintel (Part 3) - Don't Worry, Balance Sheet Is Fine
70 comment(s). Last comment by paperplane2016 at Jan 4, 2016 11:11 PM

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-05 00:15 | Report Abuse

run, must run
they want to die, let them die.
want to jump, let them jump.

<Desa! They r like tht lah,u bettermrun away from them far far! They will use all kinds of vulgar mlanguGes against you like you just saw! Run fast fast, they all gangster.hehe>

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2016-01-05 00:16 | Report Abuse

why down bit everybody shouting like a man woman, tomorrow wait it cool down to collect cheap comcorp

Charles

295 posts

Posted by Charles > 2016-01-05 00:24 | Report Abuse

as I said, sell it early morning tmrw. and buy back in the evening.
trust me guys.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-05 00:26 | Report Abuse

anyone interested. Go ask any banker.
Show me a company whose Q turnover is $100 m and BA is $100M and still call that healthy. That is a sure sign of a company in great distress coupled with their extraordinary thin margin...leads me to conclude the company would have closed door by now if the Ringgit did not suddenly drop increasing ther margin suddenly.

People import by LC. , then LC gets refinanced as BA (for another 3 -6 months) if they want time. Healthy companies do not refinanced every thing into BA.

BA also don't know what to be sifu lead people to Holland.

Icon8888

18,658 posts

Posted by Icon8888 > 2016-01-05 03:41 | Report Abuse

Read my article, the details all there

Spreading lies is unethical

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-05 07:57 | Report Abuse

Show me a healthy company in the KLSE whose Q turnover and BA is 1:1

koonbee9

674 posts

Posted by koonbee9 > 2016-01-05 08:01 | Report Abuse

If drop 75 cent i buy more

If keep droping 70 cent I top up more

If drop below 65 cent I sai lang

alphajack

3,685 posts

Posted by alphajack > 2016-01-05 08:06 | Report Abuse

knn down a bit all panic d ah lol o.o

alphajack

3,685 posts

Posted by alphajack > 2016-01-05 08:06 |

Post removed.Why?

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-05 08:07 | Report Abuse

Yaya. Ready to sailing today. Before that let us sing a song. Falling down falling down.

koonbee9

674 posts

Posted by koonbee9 > 2016-01-05 08:10 |

Post removed.Why?

koonbee9

674 posts

Posted by koonbee9 > 2016-01-05 08:11 |

Post removed.Why?

alphajack

3,685 posts

Posted by alphajack > 2016-01-05 08:13 | Report Abuse

pls post wanna see his leng cai face

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-05 08:14 | Report Abuse

Sure. Pls post it and get lawyer letter from me. Falling down falling down.

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 08:14 | Report Abuse

Nowadays.. banks are rather creative.. anything goes

BA arising from sales too or wholly from purchases??

Company being not too precise in describing its trade bill facilities?

koonbee9

674 posts

Posted by koonbee9 > 2016-01-05 08:16 |

Post removed.Why?

alphajack

3,685 posts

Posted by alphajack > 2016-01-05 08:17 | Report Abuse

r moi you airasia no.1 supporter why wanna kepoh here.

too bored there isit

alphajack

3,685 posts

Posted by alphajack > 2016-01-05 08:17 | Report Abuse

cant wait to see his HK superstar face kikikikikiki

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 08:18 | Report Abuse

; )

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-05 08:18 | Report Abuse

I look like Lois Koo. He he.

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 08:19 | Report Abuse

Shit... I stereotyped liao.....

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-05 08:19 | Report Abuse

Ya. I memang dunno what is BA leg.Enlighten me pls. Thanks.

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-05 08:20 | Report Abuse

Teach me BA.falling down falling down.

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-05 08:24 | Report Abuse

RMoI, thats why you need to recommend another stock mah.

alphajack

3,685 posts

Posted by alphajack > 2016-01-05 08:25 | Report Abuse

where is the photo hurry up ma koon

alphajack

3,685 posts

Posted by alphajack > 2016-01-05 08:25 | Report Abuse

we make in viral kekekeke

murali

5,723 posts

Posted by murali > 2016-01-05 08:43 | Report Abuse

Posted by r°Moi > Jan 5, 2016 08:14 AM | Report Abuse

Nowadays.. banks are rather creative.. anything goes

BA arising from sales too or wholly from purchases??

Company being not too precise in describing its trade bill facilities?

BA is a short term trade financing tools (less than 1 year) for both purchases n sales (or imports n exports).Its very popular as it's interest rate is much cheaper as compare to OD (maybe 2-3% lower).

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 08:49 | Report Abuse

Ya.. I know.. in fact.. nowadays.. there aren't just BA.. there are IVF bla bla... and of course BA can be converted to longer tenure bill..

In this case how?? From sales and purchases too?

murali

5,723 posts

Posted by murali > 2016-01-05 08:51 | Report Abuse

The Co has more borrowings in BA (short term basis) than their long term borrowings (RM11M+) cause their needs are mainly on short term basis (unlike purchases of machinery or expansion in plants etc which are more long term basis). It is mainly to finance their sales to their clients (as evidenced by their receivables of ard RM102 Millions (abt 3 months sales). Looks Ok too...unless n until their clients defaulted the payments (Icon8888 has analysed on that too, it looks ok so far).

murali

5,723 posts

Posted by murali > 2016-01-05 08:54 | Report Abuse

Balance sheet looks Ok to me,just a bit concern on whether their performance can be sustain or not..especially after price has increased more than 100% in few weeks's time

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 08:55 | Report Abuse

Icon888s pic is for purchases....

murali

5,723 posts

Posted by murali > 2016-01-05 08:59 | Report Abuse

He just used an example to explain..BA can be used for both way..just google and u will find more details of it

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 09:00 | Report Abuse

I no need to google... I know

murali

5,723 posts

Posted by murali > 2016-01-05 09:01 | Report Abuse

If u look into balance sheets of the listed CO here, u can see many of them used BA lah..common as it's cheaper in terms of interest rates...Need to study the CO's debt ratio if u want to have a look into their debts level

murali

5,723 posts

Posted by murali > 2016-01-05 09:02 | Report Abuse

Posted by r°Moi > Jan 5, 2016 09:00 AM | Report Abuse

I no need to google... I know

Then u simply cari pasal ah?

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 09:02 | Report Abuse

Aiii..... r°Moi must try to shake off the AirAsia stereotype man

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 09:08 | Report Abuse

r°Moi.. The AirAsia Gal... no.. don't believe 100% what you read in the Internet ya....

murali

5,723 posts

Posted by murali > 2016-01-05 09:09 | Report Abuse

Believe 50% enough loh

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-05 09:13 | Report Abuse

Rmoi, recommend iwcity. Jadi iwcity man.kekeke

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 09:16 | Report Abuse

Actually the type of BA facility is there doesn't mean the bank will grant to you....if your overseas customers are crappy.... the bank may not accept them and accept your sales invoices to them.. as BA as pointed out is self liquidating

Kepoh a bit... don't mind....trying to shake off a stereotype here

murali

5,723 posts

Posted by murali > 2016-01-05 09:18 | Report Abuse

Yeap. The lists of clients or suppliers have to be approved by the Banks first

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 09:19 | Report Abuse

Price at eighty again... so be cool

It has always been ikan bilis coming together here in i3 to fight the sharks.... looks like thing has changed...

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 09:24 | Report Abuse

Annnnnndd.....so you see.. r°Moi is more than The AirAsia Gal

r°Moi

5,802 posts

Posted by r°Moi > 2016-01-05 09:26 | Report Abuse

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Take a look... a closer look.... at AIRASIA in 2016...

richkid

8,140 posts

Posted by richkid > 2016-01-05 09:58 | Report Abuse

watch out...xox coming

paperplane2016

21,638 posts

Posted by paperplane2016 > 2016-01-05 10:11 | Report Abuse

Falling down, falling down

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